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Samsung Pay to stop working with Russia’s Mir payment system from April 3

1 aprilie 2024

Samsung Pay, a payment service owned by South Korea’s Samsung Electronics will stop working with Russia’s national Mir payment cards from April 3, the two payment systems said, according to Reuters.

Payment cards issued by Mir have become more important since its U.S. rivals suspended operations in Russia after the invasion of Ukraine in February 2022, and their payment cards which were issued in the country stopped working abroad.

„Starting April 3, 2024, adding and using Mir cards in Samsung Pay will not be available,” Samsung Pay said in a statement on its website. „At the same time, the functionality of adding and using club cards/loyalty cards in the Samsung Pay app will work unchanged.”

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Anders Olofsson – former Head of Payments Finastra

Banking 4.0 – „how was the experience for you”

So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

Many more interesting quotes in the video below:

Sondaj

In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?